IHH Healthcare

Results

IHH Healthcare appoints Prem Kumar Nair as new group CEO; 2QFY2023 earnings dip

Before joining IHH, Nair was with Raffles Medical
Higher benchmark rates positive for healthcare service providers amid high inflation and increase in labour costs - THE EDGE SINGAPORE

Broker's Calls

Higher benchmark rates positive for healthcare service providers amid high inflation and increase in labour costs

The analysts expect longer term margins can be sustained following the MOH's updated benchmarks.
IHH reports higher earnings on operations recovery and one-off disposal gain - THE EDGE SINGAPORE

Results

IHH reports higher earnings on operations recovery and one-off disposal gain

IHH will be paying a special dividend of 9.6 sen from the proceeds from the sale of IMU
Proxies to an ageing Asia  - THE EDGE SINGAPORE

Future of the economy

Proxies to an ageing Asia

The two main Singapore proxies to an ageing Asia are ParkwayLife REIT and First REIT

Broker's Calls

'Buy' IHH Healthcare as recovery in medical tourism to give a new lifeline

IHH Healthcare's FY2023 outlooks looks rosy, as analysts are expecting a boost from the recovery of medical tourism.
IHH reports higher revenue for FY2022 earnings down on higher costs - THE EDGE SINGAPORE

Results

IHH reports higher revenue for FY2022 earnings down on higher costs

IHH plans to pay a dividend of 2.16 cents
DBS maintains 'buy' on IHH following resignation of IHH Healthcare CEO Loh - THE EDGE SINGAPORE

Broker's Calls

DBS maintains 'buy' on IHH following resignation of IHH Healthcare CEO Loh

DBS notes that there were some recent changes at IHH's board
IHH CEO Kelvin Loh resigns - THE EDGE SINGAPORE

Company in the news

IHH CEO Kelvin Loh resigns

The 49-year-old started in this role on Jan 2020

Healthcare

IHH selling medical university and affiliated hospital in Malaysia for RM1.345 billion

IHH is trying to grow in a more capital-efficient way
IHH Healthcare reports earnings of RM493 million for 1QFY2022, up 31% y-o-y - THE EDGE SINGAPORE

Results

IHH Healthcare reports earnings of RM493 million for 1QFY2022, up 31% y-o-y

Revenue in 1QFY2022 was up 6% y-o-y to RM4.1 billion as the company saw growth in its key markets.
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